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Lockheed Martin Aeronautics Adopts Siemens’ Xcelerator Portfolio

Lockheed Martin Aeronautics Adopts Siemens’ Xcelerator Portfolio

Lockheed Martin’s Aeronautics business has selected Siemens’ Xcelerator portfolio of software and services to support its digital engineering transformation. Through a multi-year contract, the company plans to leverage Xcelerator to achieve its goals for mission-driven digital transformation—accelerating program lifecycles, driving cost savings and fostering greater innovation.

“Lockheed Martin Aeronautics is a leader in the aerospace industry, and their decision to expand adoption of Siemens’ Xcelerator portfolio enables driving digital initiatives and winning programs,” said Tony Hemmelgarn, President and Chief Executive Officer, Siemens Digital Industries Software. “Building off of our experience on the F-35 program, and through close collaboration, Siemens is excited to help Lockheed Martin accelerate production and meet DoD contract requirements for both current programs and new initiatives.” 

[Key Highlights] Virtual media roundtable with Siemens Digital Industries Software and Mendix on the Future of Smart Manufacturing

During the session, Bas Kuper, Senior Vice President and Managing Director of Asia Pacific, Siemens Digital Industries Software, along with Tim Srock, CEO of Mendix, and Vincent Lim, Vice President and Head of Asia Pacific, Siemens-Mendix shared their perspectives on how the future of manufacturing will evolve in 2022 and beyond.

Key Highlights:

  1. Equal Prioritization between Product and Process Innovation: To remain competitive in the global manufacturing scene, companies must seek to reduce costs and boost operational efficiency for their customers. To achieve this balance in the current age of digitalisation, businesses should prioritise process innovation as much as product innovation. With both capabilities managed successfully, companies can thrive and ensure business continuity and growth.
  2. Hyperconnectivity in a Digital-first World: With the ongoing transition towards a hyperconnected and a digital-first world, companies are undergoing a digital and business transformation — but this is challenging for manufacturers with manual processes, legacy systems, siloed operations and data. To address this, companies can tap on solutions like Siemens’ Xcelerator or the Mendix Low Code platform that can easily integrate into existing systems and data, modernizing core systems and improving overall operational efficiency. 
  3. System Integration and Automation amidst the Talent War: Customers in the manufacturing industry are battling a talent war. The challenge of finding skilled workers reinforces the urgency for system automation and a reduction in manual mundane processes. Attracting skilled talent is not enough. Companies should pay attention to integrating connectivity, data, digital processes, and applications into their operations to optimise efficiency while addressing labour challenges at the same time.
  4. The Rise of Low-Code: The popularity of low-code platforms is on the rise, as it allows companies to build on and modernise existing core and legacy systems, automating tasks within workflows. Companies may run their core systems, of any shape or form, and deploy it wherever necessary. In addition, they may launch new business models and products quickly, enabling the best-in-class customer experience while adapting to a rapidly evolving market.

Spokespeople quotes:

  • “Currently, companies are not just facing a technological challenge, but an organizational one as well. Customers, once they are convinced about the digital enterprise, must rethink their past investments and application landscape because we have observed that integration is one of their biggest challenges. The big drive for digitalisation means a closer collaboration between the customers’ different functional domains is necessary.” – Bas Kuper, Senior Vice President and Managing Director of Asia Pacific, Siemens Digital Industries Software.
  • “As the digital and physical word converge, people are increasingly turning to applications for solutions. Thus, the need for low-code platforms becomes more urgent and pressing. Mendix essentially provides everyone – both professional and citizen developers – with building blocks in a low-code fashion, enabling people to develop applications and deploy it where needed.” – Tim Srock, CEO of Mendix.
  • “Smart manufacturing is one of the key market trends, powered and driven by consumers. As such, Consumer-Driven Manufacturing is a concept within the Mendix value proposition. Many manufacturers are thankful for the very flexible and rapid application development platform that is Mendix – which enabled them to accelerate their digital transformation journey during the pandemic. What used to take years, you can now achieve ten times of that in a year alone.” – Vincent Lim, Vice President and Head of Asia Pacific, Siemens-Mendix.

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Taiwan Targeting Metalworking Industry In Malaysia

Taiwan Targeting Metalworking Industry In Malaysia

Taiwan has been known for its world-class machine tools with over 1000 precision manufacturers and tens of thousands of suppliers. For industrial resources integration, the Precision Machinery Center (PMC) has established a one-stop portal “Machine Tool Industry Online Resource Center, MTIORC (machinetool.twmt.tw)” to overcome the physical obstacles, focusing on machine tool industries to show Taiwan’s golden ability in precision machinery and smart manufacturing.

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